Investment Risks at the Beginning of Retirement

In this video, I walk through the impact of sequence of return risks for retirees.

We can control our strategy and our approach, but we cannot control the returns that the market gives us.  

2 retirees, retiring with an identical sum of money, and invested the same way, can have very different outcomes.

The strategies to avoid similar outcomes as Mr. Smith and Ms. Jones are:

1) proper diversification

2) avoiding rules of thumb

3) proactively and regularly revisit your plan and make adjustments